Neighborhood Profile

Lake Lucerne

Miami Gardens, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
23.6
National rank: #14,349 of 14,967
Stability and Strength
22.0
Score
Value Opportunity
24.7
Score
Momentum
24.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMiami Gardens, FL
CountyMiami-Dade County
National rank#14,349 of 14,967
State rank#1,071 of 1,145
City rank#29 of 30
County rank#79 of 81
National percentile4.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$467,320
Year-over-year home value change-2.4%
Month-over-month home value change-0.10%
Home value to income ratio8.38
Median household income$55,744
Bachelor's degree or higher16.0%
Civilian unemployment rate11.6%
Homeownership rate32.3%
Housing vacancy rate5.0%
Rent burden 30% or higher69.4%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Lake Lucerne

What is the Best Neighborhoods USA ranking for Lake Lucerne?

Lake Lucerne is ranked #29 of 30 eligible neighborhoods in Miami Gardens; #1,071 of 1,145 eligible neighborhoods in FL; and #14,349 of 14,967 eligible neighborhoods in the United States.

Is Lake Lucerne one of the best neighborhoods in Miami Gardens?

Lake Lucerne has a Best Neighborhoods USA Index of 23.6 and a city ranking of #29 of 30 eligible neighborhoods in Miami Gardens.

How much are homes worth in Lake Lucerne?

The current Zillow Home Value Index for Lake Lucerne is approximately $467,320.

Are home values rising or falling in Lake Lucerne?

Zillow neighborhood values changed -2.4% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for Lake Lucerne?

Lake Lucerne has a Neighborhood Momentum Score of 24.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lake Lucerne?

The NDS-derived neighborhood median household income is approximately $55,744.

How affordable is Lake Lucerne relative to household income?

The current Zillow home-value-to-household-income ratio is 8.38. Price-to-income affordability is a major Value Opportunity input.

Is Lake Lucerne primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 32.3%.

What is the unemployment rate in Lake Lucerne?

The NDS-derived civilian unemployment rate is approximately 11.6%.

How educated are residents of Lake Lucerne?

Approximately 16.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lake Lucerne face high rent burden?

Approximately 69.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Lake Lucerne?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications37
Estimated originations16
Home-purchase applications16
Origination rate43.3%
Home-purchase share43.3%
Average application loan$301,269
Total application loan amount$11,039,550
National application rank#8,469 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.6% YoY; originations 26.1% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.